Anadarko Petroleum Corp reported a quarterly profit on Tuesday as higher crude prices helped the oil and gas producer earn more per barrel.
The company, which had its vessel seized by Venezuela while conducting a seismic study off the Guyana...
(Hart Energy) Brazil’s Petrobras intends to raise US$21 billion with the sale of assets by the end of this year, according to its 2018-2022 business plan, as the company works to lower debt while carrying out activities, mainly in...
Guyana’s National Oil Spill Contingency Plan has benefited from the input of several notable international organizations and following a series of reviews, the document will be open for public consultations in the South American country.
Director General (ag) of the...
(Reuters) - BP expects benchmark oil prices to weaken in the second half of the year as U.S. shale production surges by up to 1.5 million barrels per day, Chief Financial Officer Brian Gilvary said on Tuesday.
The London-based oil...
Responding to a question during its quarterly earnings conference call on Friday, Exxon Mobil Corporation’s Vice President of Investor Relations and Secretary, Jeffrey Woodbury, said the dry hole encountered at the Sorubim-1 well offshore Guyana does not condemn prospect...
ExxonMobil Guyana says it recognizes the important role agriculture plays in the South American country and is committed to continuing efforts that would support the growth and development of the sector.
The company was a key sponsor of Uncapped Marketplace...
Two international experts are being provided to Guyana as part of a US$20M oil and gas assistance loan package from the World Bank, in order to help the country develop its Department of Energy.
The country's State Minister, Joseph Harmon...
US oil major ExxonMobil’s unprecedented string of oil discoveries off the Guyana coast has hit a snag with no oil being found at the Sorubim-1 well where the Noble Bob Douglas has been drilling in recent weeks.
Vice President of...
Majority Guyanese-owned port facility – Guyana Shorebase Inc. (GYSB) says it has been maximizing the use of local content in its operations, which is in keeping with a request from ExxonMobil for the company to utilize as much services...
Guyana has begun the preliminary process in order to cycle funds from an US$18M signing bonus received from ExxonMobil in 2016, to defend its border controversy case at the International Court of Justice (ICJ).
The move is documented in a...
